Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...

There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...

The Internet has significantly reduced the marginal cost of producing and distributing digital information goods. It also coincides with the emergence of new competitive strategies such as large scale bundling. In this paper, we show that bunding can create "economies of aggregation" for...

Measuring the number of papers which are published each year, publication productivity is the factor which shows the reputation of universities and countries. However, the effect of growing economy and using internet on the publication productivity in Asian countries has not been discovered yet....

Publication productivity, as measured by the number of papers, has been regarded as one of the main indicators of reputation of countries and institutions. Nevertheless, the relationship among research publications, economic growth and World Wide Web in ASEAN countries is still unclear. The main...

This paper argues that the sharing economy — through the use of the Internet and real time reputational feedback mechanisms — is providing a solution to the “lemons problem” that many regulations, and regulators, have spent decades attempting to overcome. Section I provides an overview...

Clearinghouse models of online pricing---such as Varian (1980), Rosenthal (1980), Narasimhan (1988), and Baye-Morgan (2001)---view a price comparison site as an 'information clearinghouse' where shoppers and loyals obtain price and product information to make online purchases. These models...

This paper delves into how antitrust and regulation should/shouldn't be applied to dynamic competition. Internet marketplace roles are dynamic, fluid and uncertain. That makes prediction hard and prescriptive rules unwieldy. Prior economic analysis of today's Internet marketplace demonstrates...

Der vorliegende Beitrag untersucht die Auswirkungen der Neuen Ökonomie auf den deutschen Arbeitsmarkt. Neue Berufsfelder weisen nach dieser Untersuchung eine große und zunehmende Bedeutung auf. Gekennzeichnet ist diese Entwicklung durch verstärkte Humankapital- und Flexibilitätsanforderungen...

Der vorliegende Beitrag untersucht die Auswirkungen der Neuen Ökonomie auf den deutschen Arbeitsmarkt. Neue Berufsfelder weisen nach dieser Untersuchung eine große und zunehmende Bedeutung auf. Gekennzeichnet ist diese Entwicklung durch verstärkte Humankapital- und Flexibilitätsanforderungen...